Bucharest reached over one million employees this year, says C&W Echinox

The number of employees in Class A and B office buildings in Bucharest reached around 250,000 at the end of last year, while the total number of employees in the Capital exceeded the threshold of one million people in the first month of this year, according to C&W Echinox.

2018-04-19 14:37:20

Considering the office projects to be delivered this year, as well as the recruitment plans announced especially by international companies present on the local market, the number of employees in modern office buildings in Bucharest could rise to 280,000 people up to the end of this year.

"The number of employees in Bucharest is growing, with over 100,000 new employees in the last three years. At the same time, there is a significant evolution of the working conditions offered by employers as an important factor in the retention process. Unemployment is at a record low of 1.5 per cent, and IT professionals have a substantial staff shortage, which is why Bucharest needs to maintain its attractiveness to absorb labor from other areas," said Madalina Cojocaru, Partner, Office Agency C&W Echinox.

Around 65,000 people work in office buildings in the Pipera area, about 55,000 in the center area, and 38,000 in the West, the three areas concentrating 63 per cent of the employees of the modern office buildings in Bucharest.